 |
| Global Clinical Trial Management System Market |
The
software and tools used to manage clinical trials are known as
clinical trial management systems (CTMS). CTMS help reduce
expenditure of time and money with respect to improved study by
providing different benefits such as secure real time access of data
from multiple locations. There are two types of CTMS, namely,
cloud-based clinical trial management systems and on-premise clinical
trial management systems.
Cloud-based
CTMS offer 24x7 access, data administration, data security, data
access from various client locations, sharing of information and
technical support with advanced tools and trained staff. However,
on-premise CTMS provides more security of data as it is stored and
maintained at on site or at client location. Also, on-premise CTMS
provides customization in software as per business needs, control on
software upgrades and it is easy to share clinical trials data in
house if in case lack of internet connectivity across locations.
As
on-premise CTMS needs software to be purchased outright and is
relatively capital intensive. However, due to rising data security
issue related with cloud-based CTMS, some companies prefer on-premise
CTMS.
Download
PDF Brochure of Research Report @
https://www.coherentmarketinsights.com/insight/request-pdf/212
Market
Dynamics:
Increasing
number of clinical trials and globalization of R&D is fueling
growth of CTMS market, especially in developed regions. Furthermore,
rising demand for CTMS to manage multiple and complex data of
clinical trials will support the growth of CTMS market in the near
future.
The
pharmaceuticals sector is highly competitive and companies are
focusing on emerging economies to increase consumer base and profit
which resulting in increased demand for CTMS, as CTMS helps companies
to overcome regulatory barriers for drug approval across the globe.
As the cost requirement is relatively very low to conduct clinical
trial in emerging markets than developed markets, therefore the
companies are focusing on Asia Pacific region which in turn result in
high growth of CTMS market in near the future.
Companies
are approaching to CRO’s as emerging countries lack appropriate
infrastructure to conduct clinical trials which, may result in the
growth of CTMS market in this region. The North America holds the
major market share of CTMS market as the healthcare research
organizations and CRO’s in this region are early adopters of CTMS
solutions, which is supported by high awareness about CTMS solution
among them.
Market
Taxonomy:
This
report segments the global clinical trial management system market on
the basis of mode of delivery, offering, end user, and geography. On
the basis of mode of delivery, the market is categorized into
Cloud-based and On-premise. Among these mode of delivery market
cloud-based segment dominate the clinical trial management system
market. On the basis of offering, the market is divided into software
and services. On the basis of end user, the market is divided into
healthcare companies, CRO, medical device companies and others
(Research Institutes, Hospitals, etc.). Among all end users,
healthcare companies segment dominated the clinical trial management
system market, as healthcare companies are highly competitive, vying
to achieve first mover advantage.
Competitor
Analysis:
Some
of the major companies offering clinical trial management systems
are,
-
Oracle Corporation
-
Medidata Clinical Cloud
-
Veeva Systems
-
Infosys
-
Bio-Optronics
-
BioClinica
-
MedNet Solutions
Detailed
Segmentation:
Global
Clinical Trial management System Market, By Mode of Delivery:
-
Cloud-based
-
On-premise
Global
Clinical Trial management System Market, By Offering:
-
Software
-
Services
Global
Clinical Trial management System Market, By End User:
-
Healthcare Companies
-
CRO
-
Medical Device Companies
-
Others (Research Institutes, Hospitals, etc.)
Global
Clinical Trial management System Market, By Geography:
-
North America
-
Europe
-
Asia-Pacific
-
Latin America
-
Middle East
-
Africa
Else
place an Inquire before Purchase “Global Clinical Trial Management
System Market Size, Status and Forecast 2025":
https://www.coherentmarketinsights.com/insight/talk-to-analyst/212
About
Coherent Market Insights:
Coherent
Market Insights is a prominent market research and consulting firm
offering action-ready syndicated research reports, custom market
analysis, consulting services, and competitive analysis through
various recommendations related to emerging market trends,
technologies, and potential absolute dollar opportunity.
Contact
Us:
Mr.
Shah
Coherent
Market Insights
1001
4th Ave,
#3200
Seattle,
WA 98154
Tel:
+1-206-701-6702
0 comments:
Post a Comment